Equity Research Associate - Power, Utilities, & Clean Energy

Jefferies•Houston, TX

3d•$100,000 - $120,000

About The Position

Jefferies is seeking an experienced Equity Research Associate to support coverage of the clean energy sector, including renewable power, energy transition, and sustainable infrastructure companies. The associate will develop and maintain detailed company financial models, monitor company and industry developments, produce research publications for institutional clients, and contribute to thematic, industry, and company research. The role involves fundamental research, data analysis, client communication, relationship building with company management and Investor Relations professionals, and close collaboration with a senior analyst to identify investment opportunities and deliver high-quality research under tight deadlines. Jefferies is a global, full-service investment banking and capital markets firm with more than 40 offices worldwide. The firm states that it is committed to an inclusive workforce and equal employment opportunity, and provides reasonable accommodations as required by applicable law. The listed full-time salary range is $100,000–$120,000. Salary takes experience and qualifications into consideration. Eligible employees may receive an annual discretionary incentive and retention bonus, along with benefits including medical, dental, and vision coverage; 401(k); life, accident, and disability insurance; wellness programs; paid time off; paid holidays; and paid parental leave for full-time employees.

Requirements

1–3 years of experience covering clean energy, renewables, power, utilities, or related sectors through sell-side equity research, buy-side investing, investment banking, consulting, or a comparable analytical role.
Experience using FactSet and/or Bloomberg.
Advanced financial modeling, valuation, and Excel skills, including the ability to independently maintain detailed operating models.
Strong writing and communication skills, including the ability to translate complex information into clear investment conclusions.
Solid understanding of accounting, corporate finance, financial statement analysis, energy-specific terminology, and market dynamics.
Highly organized and detail-oriented, with the ability to manage multiple priorities in a fast-paced environment.
Demonstrated intellectual curiosity and a strong interest in capital markets and the evolving clean energy landscape.
Bachelor’s or university degree.
FINRA Series 7, 63, 86, and 87 required within five months of hire.

Nice To Haves

Familiarity with industry-specific databases and alternative data sources.
CFA or progression toward CFA.
FINRA Series 7, 63, 86, and 87 are preferred; required within five months of hire.

Responsibilities

Support coverage of clean energy companies across renewable power, energy transition, and sustainable infrastructure sectors.
Build, maintain, and enhance company financial models, including operating forecasts, valuation analyses, and scenario sensitivities.
Monitor company developments, industry trends, regulatory changes, earnings releases, SEC filings, and conference calls to identify investment implications.
Produce earnings previews, first-look notes, company updates, and other research publications for institutional clients.
Contribute to thematic research, industry analyses, and company initiation reports.
Conduct fundamental research and data analysis to support investment recommendations and generate differentiated insights.
Respond to client inquiries and communicate research views with Sales, Trading, and institutional investors.
Develop and maintain relationships with company management teams and Investor Relations professionals.
Collaborate with the senior analyst to identify investment opportunities and deliver high-quality research under tight deadlines.